Forecast: Energy Consumption in Industry in Egypt

Analysis of energy consumption in Egypt's industry sector shows fluctuating trends. In 2023, the energy consumption stood at 23.78 units, marking a marginal decrease from previous years. Energy consumption saw significant ups and downs from 2013 until 2018, followed by a general declining trend. Over the past five years, there was an average annual decrease (CAGR) of 3.3%. Projecting into the future, a further decline at a rate of -0.91% CAGR is forecasted until 2028, equating to a 4.47% reduction overall for the next five years.

Future trends to watch for:

• Adoption of energy-efficient technologies and practices in the industrial sector.
• Shifts in industrial activities or capacities that could influence energy consumption further.
• Potential policy changes and investments in renewable energy sources.